FALLS CHURCH, Va. (January 8, 2010) – The U.S.Army has extended service under the final option year of the ArmyLife Cycle Contractor Support Services (LCCS) C-12 Program forDynCorp International (NYSE:DCP). The current contract, which wasawarded to DynCorp International in 2000, was due to expire at theend of January 2010, and has now been extended to July 31, 2010.The extension of service at current rates and an equivalent volumeof service as in the final option year is potentially valued atapproximately $67 million, based on an equivalent volume of serviceas the first six months of the current option year.
Under the Army LCCS Program, DynCorp International providesmaintenance and logistical support for 190 Army C-12, RC-12, andUC-35 aircraft at more than 70 sites and multiple worldwidedeployments. This includes total aircraft system maintenanceservices, logistical support, and management processes to maintainthe worldwide fleet.
About DynCorp International
DynCorp International is a provider of specializedmission-critical services to civilian and military governmentagencies worldwide, and operates major programs in law enforcementtraining and support, security services, base operations,intelligence, aviation services, contingency operations, andlogistics support. DynCorp International is headquartered in FallsChurch, Va. For more information, visit www.dyn-intl.com.
Certain statements made in this announcement, other thanhistorical data and information, constitute “forward-lookingstatements” within the meaning of the Private Securities LitigationReform Act. All forward-looking statements reflect theexpectations of management and are based on estimates andassumptions that, although believed to be reasonable, areinherently uncertain. Forward-looking statements involve risks anduncertainties, including, but not limited to, economic,competitive, governmental, and technological factors outside of theCompany’s control that may cause its business, strategy or actualresults or events to differ materially from the statements madeherein. These risks and uncertainties may include, but are notlimited to, the risks detailed from time to time in the Company’sreports filed with the Securities and Exchange Commission. Giventhese risks and uncertainties, you are cautioned not to place unduereliance on forward-looking statements. The Company undertakes noobligation to publicly update or revise any forward-lookingstatement as a result of new information, future events orotherwise, except as required by law.